 |
WTI Crude •10 mins | 53.03 | -0.28 | -0.53% |
|
Brent Crude •10 mins | 55.98 | -0.10 | -0.18% |
|
Natural Gas •10 mins | 2.469 | -0.070 | -2.76% |
 |
Mars US •19 hours | 54.16 | +0.28 | +0.52% |
|
Opec Basket •2 days | 55.75 | +0.90 | +1.64% |
|
Urals •30 days | 42.22 | +0.00 | +0.00% |
|
Louisiana Light •2 days | 55.21 | -0.36 | -0.65% |
|
Marine •2 days | 56.17 | +1.04 | +1.89% |
|
Murban •2 days | 56.54 | +1.25 | +2.26% |
|
Iran Heavy •2 days | 52.60 | +0.49 | +0.94% |
|
Basra Light •2 days | 57.63 | +0.14 | +0.24% |
|
Saharan Blend •2 days | 56.09 | +0.67 | +1.21% |
|
Bonny Light •2 days | 55.62 | +0.31 | +0.56% |
|
Canadian Crude Index •2 days | 40.05 | +0.49 | +1.24% |
|
Western Canadian Select •12 hours | 39.41 | -2.57 | -6.12% |
|
Canadian Condensate •12 hours | 52.31 | +0.33 | +0.63% |
|
Premium Synthetic •12 hours | 53.71 | +0.33 | +0.62% |
|
Sweet Crude •12 hours | 48.31 | +0.33 | +0.69% |
|
Peace Sour •12 hours | 47.06 | +0.33 | +0.71% |
|
Louisiana Light •2 days | 55.21 | -0.36 | -0.65% |
|
Domestic Swt. @ Cushing •2 days | 49.75 | +0.25 | +0.51% |
|
Giddings •2 days | 43.50 | +0.25 | +0.58% |
|
ANS West Coast •3 days | 56.83 | +0.66 | +1.18% |
|
West Texas Sour •2 days | 47.19 | +0.26 | +0.55% |
|
Eagle Ford •2 days | 51.14 | +0.26 | +0.51% |
Has Big Oil Turned Its Back On Alaska?
Alaska recently attempted to auction…
Big Oil Watches In Fear As SEC Probes Exxon's Permian Valuation
Exxon stock dropped this morning,…
Energy / Energy-General
Oil, Gas And Coal Prices Rally As Cold Winter Sets In
Higher demand for oil, natural gas, and coal due to colder than usual winter temperatures in many parts of the northern hemisphere is driving up the regional prices and international…
Scientists Find Way To Convert CO2 Into Jet Fuel
Air travel accounts for about 12 percent of greenhouse gas emissions from the transport industry—or at least it did before the pandemic. It is likely that once again travel will…
Brexit Creates Major Problem For UK Energy Companies
In the international electricity markets, countries fall into one of three categories: those that provide adequately for their needs like the US, those with excess reserves like Canada and those…
Pioneer CEO Paints Gloomy Growth Picture For U.S. Shale
The immediate future of U.S. shale remains bleak despite Saudi Arabia’s pledge to cut an additional 1 million bpd in production to prop up prices. “I really don’t see much…
BlackRock Is Leading A $120 Trillion Investment Boom That Is Upending Wall St.
Investing will never be the same again. The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world…
How To Play 2021’s First Oil Rally
Oil-and-gas stocks are just coming off one of their most tumultuous years in history. In 2020, the oil and gas sector was hit with a triple-whammy of a…
Crude Oil Flow From Saudi Arabia To U.S. Falls To Zero
For the first time in 35 years, no oil flowed from Saudi Arabia to the United States last week, according to EIA data, in a show that the United States—at…
Hedge Funds Haven’t Been This Bullish On Oil Since Pandemic Started
Money managers started 2021 with optimism that oil prices will benefit from a rise in economic activity as vaccines are being rolled out. Hedge funds and…
Iran: U.S. Owes Tehran $70B In Damages For Missed Oil Revenues
Iran claims that the U.S. should pay Tehran as much as US$70 billion as compensation for lost oil revenues due to the U.S. sanctions, as a prerequisite for a return…
Goldman: Saudi Oil Strategists Fear Weak Demand In 2021
Saudi Arabia’s unexpected major oil production cut announced on Tuesday is likely a sign that the world’s largest oil exporter expects oil demand to weaken in coming weeks due…
The World’s First Major Hydrogen Hubs Are In The Making
A profuse literature on hydrogen is coming forth from companies, governments, and energy market analysts. All are seeking the most likely paths forward for what is anticipated to be a…
Oil Jumps On Major Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the last week of 2020, despite hefty…
U.S. Oil Executives Cautiously Optimistic About 2021
The worst seems like it’s over for the U.S. oil industry. Yet executives are entering the new year with cautious optimism, the latest Dallas Fed
How To Play The Oil Price Rebound In 2021
The oil industry took a tumble in 2020, but the tides are beginning to turn. Oil prices are currently wading cautiously in the $50 range as a new…
Aspiring Oil Tycoons Brace For Disappointment
Since years before the unexpected blow of the novel coronavirus pandemic, U.S. shale has been in a state of serious decline. Diminishing returns from aging wells turned the…
Iraq Aims To Increase Oil Exports To Asia With South Korea Deal
In line with Iraq’s currently perilous finances and with its future target of increasing crude oil production to 7 million barrels per day (bpd) by 2027 at the latest,…
WTI Tops $50 As Oil Rally Continues
Oil prices jumped on Tuesday morning as OPEC+ agreed to push back the expected production increase until next month.
Can Renewables Become As Profitable As Oil And Gas?
Here’s the question for oil industry investors. Can oil companies scale up clean energy enterprises to replace business lost from a decline in fossil fuel revenues? Some of…
This Hedge Fund Made A Killing On Oil Volatility In 2020
2018 was a very bad year for one-time commodity trading wunderkind, Pierre Andurand, who back in April of 2018 bet oil could soon hit $100 a barrel (and even…
Oil Surprisingly Steady Since 2020 Negative Price Disaster
U.S. oil prices have stayed relatively stable at around $40 a barrel since the start of the summer, having rebounded from the negative price of -$37 per barrel on April…
